2121 W 11th St | Los Angeles, CA 90006
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- LoopNet Team
2121 W 11th St
Los Angeles, CA 90006
11th St. Apartments · Multifamily Property For Sale
·
54 Units
Investment Highlights
- EXCELLENT value-add investment opportunity with strong cash flow and substantial upside potential
- DIVERSE unit mix of (9) studios, (25) larger executive studios, and (20) one-bed, one-bath units
- SEPARATELY METERED for electricity and on-site laundry generating additional income
- BEAUTIFUL 1920’s building with two courtyards, a restored lobby, a swimming pool, and controlled access
- RECENT UPGRADES include a new elevator, modernized laundry rooms, new flooring in common areas, and plumbing and electric upgrades
- POSITIONED in the heart of Pico-Union near Koreatown and Downtown Los Angeles, a desirable and rapidly gentrifying submarket of Los Angeles
Property Facts
| No. Units | 54 | Lot Size | 0.35 AC |
| Property Type | Multifamily | Building Size | 37,108 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1924 |
| Building Class | C | ||
| Zoning | C1 | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 37,108 SF |
| No. Stories | 4 |
| Year Built | 1924 |
| Zoning | C1 |
Amenities
Unit Amenities
- Cable Ready
- Refrigerator
- Oven
- Range
- Walk-In Closets
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Security System
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Elevator
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 35 | - | 450 - 475 |
| 1+1 | 19 | - | 700 |
Property Taxes
| Parcel Number | 5136-013-011 | Improvements Assessment | $1,752,980 |
| Land Assessment | $4,088,249 | Total Assessment | $5,841,229 |
Property Taxes
Parcel Number
5136-013-011
Land Assessment
$4,088,249
Improvements Assessment
$1,752,980
Total Assessment
$5,841,229
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